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IDT Creates New Job Opportunity for the Communities |
 | "There needs to be a holistic approach to sustainable development. There must be a greater focus on redistribution and building a sustainable life for all people. We need to listen to what people want, rather than supply communities with what we think they need. This is the IDT's strength" The IDT is positioning itself through its work and successes as a leading developmental player, on the South African development landscape.... |
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Last Updated ( Wednesday, 14 November 2007 )
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About the Independent Development Trust |
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The Independent Development Trust (IDT) was established in 1990 by the national government. An original mandate was granted to disburse a grant of R2 billion in a manner which would best serve the development of disadvantaged communities in South Africa. Between 1990 and 1998 the IDT spent R2.8 billion on approximately 8800 projects. It was originally envisaged that the IDT would be dissolved as a development funding body after three-year period. Thus the organization would channel funds through smaller development bodies and agencies which would be better equipped to serve the needs of communities. Financial accountability was to be through the auditor-general to parliament for the effective utilization of taxpayers’ money. A number of portfolios were established within the IDT, reflecting the areas of focus of the IDT. These included Health, Rural and Community Development, Education and Housing. A job-creation portfolio was established later. These portfolios reflected the areas identified in the Trust agreement as those in which the IDT should involve itself. |  |
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Last Updated ( Monday, 30 July 2007 )
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